Fintech Company, PalmPay has opened applications for the PalmPay Hustle Grant, a new initiative that supports young entrepreneurs and small business owners across Nigeria.
The grant is designed to back what it calls “Nigeria’s real MVPs, the hustlers, the doers, the dream chasers.”
The programme will reward entrepreneurs with N500,000 each to grow their businesses.
PalmPay explained that the support is meant to give winners the push needed to move their hustle to the next level. “Whether you’re running a small business, pushing a side hustle, or chasing a big dream, the PalmPay Hustle Grant is here to give you the boost you need,” the statement read.
Who can apply?
1. Bakers
2. Food vendors
3. Tailors
4. Traders
5. Online sellers
6. Creatives
7. Anyone chasing a dream
How to participate
Create a 60-second video telling PalmPay:
i. Why you love PalmPay
ii. What your business is
iii. Why you need support
iv. How N500,000 will change everything for you
Applicants are required to post the video on Instagram, TikTok, or Twitter using the hashtag #PalmPayHustleGrant while tagging the official accounts:
Instagram: @palmpayapp_ng, Twitter: @palmpay_ng, TikTok: @palmpay_ng.
For Facebook entries, participants should comment their video under the pinned post on @palmpayapp.ng.
PalmPay stated that five entries will be shortlisted, after which the top three winners will be selected through public voting on its official social media channels. The first set of finalists will be picked by Thursday, September 11th.
